Illinois Tool Works Inc. (NYSE:ITW – Free Report) – Investment analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Illinois Tool Works in a note issued to investors on Monday, October 6th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.51 per share for the quarter, down from their previous forecast of $2.52. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.39 per share.
Illinois Tool Works (NYSE:ITW – Get Free Report) last released its earnings results on Wednesday, July 30th. The industrial products company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.56 by $0.02. Illinois Tool Works had a return on equity of 90.89% and a net margin of 21.31%.The firm had revenue of $4.05 billion during the quarter, compared to analysts’ expectations of $4.01 billion. During the same period in the previous year, the firm posted $2.54 EPS. Illinois Tool Works’s revenue for the quarter was up .6% on a year-over-year basis. Illinois Tool Works has set its FY 2025 guidance at 10.350-10.550 EPS.
Illinois Tool Works Stock Down 1.2%
Shares of NYSE ITW opened at $255.73 on Tuesday. The company has a market capitalization of $74.54 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 5.72 and a beta of 1.10. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.59 and a quick ratio of 1.15. The business has a 50-day moving average of $261.34 and a two-hundred day moving average of $251.08. Illinois Tool Works has a 1 year low of $214.66 and a 1 year high of $279.13.
Institutional Trading of Illinois Tool Works
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC purchased a new stake in Illinois Tool Works during the 1st quarter valued at approximately $214,000. OneAscent Financial Services LLC raised its stake in Illinois Tool Works by 25.8% during the 1st quarter. OneAscent Financial Services LLC now owns 1,664 shares of the industrial products company’s stock valued at $416,000 after acquiring an additional 341 shares during the last quarter. Modern Wealth Management LLC raised its stake in Illinois Tool Works by 8.3% during the 1st quarter. Modern Wealth Management LLC now owns 848 shares of the industrial products company’s stock valued at $210,000 after acquiring an additional 65 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in Illinois Tool Works during the 1st quarter valued at approximately $946,000. Finally, Advisory Alpha LLC purchased a new stake in Illinois Tool Works during the 1st quarter valued at approximately $259,000. 79.77% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Illinois Tool Works
In other news, CAO Randall J. Scheuneman sold 6,802 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $265.08, for a total value of $1,803,074.16. Following the completion of the sale, the chief accounting officer directly owned 10,314 shares of the company’s stock, valued at approximately $2,734,035.12. The trade was a 39.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.88% of the company’s stock.
Illinois Tool Works Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Tuesday, September 30th will be issued a $1.61 dividend. This represents a $6.44 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 30th. This is an increase from Illinois Tool Works’s previous quarterly dividend of $1.50. Illinois Tool Works’s dividend payout ratio (DPR) is presently 56.44%.
About Illinois Tool Works
Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.
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